Aspen Group (ASPU) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS
Aspen Group (NASDAQ:ASPU) posted its quarterly earnings data on Thursday. The technology company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.03), Fidelity Earnings reports. Aspen Group had a negative return on equity of 30.07% and a negative net margin of 32.07%.
NASDAQ:ASPU opened at $7.25 on Friday. The stock has a market capitalization of $130.97 million, a price-to-earnings ratio of -18.59 and a beta of 0.67. Aspen Group has a 12 month low of $5.66 and a 12 month high of $9.61. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.03.
Several brokerages have recently weighed in on ASPU. ValuEngine lowered shares of Aspen Group from a “strong-buy” rating to a “buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a research report on Monday, August 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $12.13.
About Aspen Group
Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.
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